Currency exchange rates,forex brokers in finland,live charts crude oil,stock account for children - PDF 2016

23.11.2013 admin
There are different types of exchange rates between various types of currencies, like indirect quotation and direct quotation through bank selling rate, bank buying rate and average rate. The exchange rate can use for the functions like; valuation, conversion, currency translation.
There are standard quotations to calculate exchange rates such as direct and indirect quotation.


Usually exchange rate configuration is required, when the company is having business transactions in various currencies. We can also maintain our own currency pair for the calculation using transaction code ONOT. Exchange rate is a way to calculate the differences between local currency and transaction currency.





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